Osisko Development has received permits under the British Columbia Mines Act and has begun the Environmental Assessment process for the Cariboo Underground Gold Project. After five years of work, these approvals are crucial for construction and operation. Chief Clifford Lebrun of the Lhtako Dené Nation expressed optimism, highlighting the engagement with local communities. Minister Jagrup Brar praised the company for its collaboration. The project aims for peak gold production of 223,000 ounces per year and will create hundreds of jobs. The company is in a strong financial position and anticipates positive stock performance with projected price targets.
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